Western Copper and Gold Corp T.WRN

Is this correct?

[Sooner]

50% of Pebble mine owned by Northern Dynasty which has market cap of $300M usd. NPV from 2011 PEA showed their share at $2.5B - so trading at 12% NPV.

WRN market cap around $170M and dated FS was around $2B I believe if 7% discount rather than 8% to get apples to apples with pebble. So we are around 9%.

are we really trading at a market cap to NPV LOWER than Northern Dynasty????

that is a sad sick joke and an indictment against our management if my math is correct....

would appreciate someone telling me I'm wrong...

[LTHolder]

AGREE. Hoping to find answers too. What is holding the sp down?

[jclarke042]

Sooner, NDM owns 100% of Pebble. Market cap was 308m today, so they're at...6% of the project NPV from that PEA.

[Sooner]

Thanks. In the PEA it stated 50% but see it is now 100%. Still a travesty that we are trading at about same rate as that fairy tale of a mine that will likely never see the light of day. How can we explain that?????

[jclarke042]

Between the combo of: algo trading, metals price suppression via paper futures, no "tick test," and a LONG time in between milestones, I'm not sure, TBH. We see it, every now and then there's a spike when someone's clearly buying in. Then it drifts down for weeks at a time. Paul doing these interviews, webcasts etc is clearly his way of trying to generate sustained interest,